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Asia-Pacific Shrink Sleeve Label Market Research Forecast to 2030

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from $2,950 82 Pages Market Research Future February, 2023 RESFT17748612
Best Price Guarantee
Price from $2,950
Length 82 Pages
Publisher Market Research Future
Published Date February, 2023
SKU RESFT17748612

Asia-Pacific Shrink Sleeve Label Market Research Forecast to 2030

Major Players

The demand for shrink sleeve labels is growing significantly in the Asia-Pacific market owing to judicious consumption and reduced wastage of products, and the proliferation of the packaging industry. A shrink sleeve is a full-body label that shawls around the entireness of a container, offering a 360-degree branding and messaging of the product. Shrink sleeve labels are a comparatively new version of labels and are instantaneously gaining more popularity among various product packaging companies. Shrink sleeves are printed on a digital or flexographic press, with a transcript on the inner side of the shrink sleeves, then, later, glided over a container and tightened using the heat shrinking method. The label then imitates the surface of the container.

The Asia-Pacific shrink sleeve label market is projected to grow at 5.49% CAGR during the forecast period, 2021–2030. In 2020, the shrink sleeve label market was dominated by China with a 47.74% share, followed by India & Southeast Asia with shares of 15.05% and 9.78%, respectively. The growth in the demand for shrink sleeve labels in Asia is mainly driven by the increasing demand for judicious consumption in pharmaceuticals, homecare products, and the food & beverage industry, and the rise in the use of packaging solutions in various applications. Moreover, the use of shrink sleeve labels enables rigid liners to add an “environmentally friendly” tag to the organization. These factors can further create growth opportunities for the market in Asia. However, the rise in the adoption of plastic packaging can hamper the growth of the regional market.

Market Segmentation

The Asia-Pacific shrink sleeve label market has been segmented based on type, printing technology, material, application, and country. Based on type, the Asia-Pacific shrink sleeve label market has been segmented into stretch and shrink. The shrink segment is expected to grow at 5.56% during the forecast period. In 2020, the shrink segment held a share of 81.07% of the Asia-Pacific shrink sleeve label market.

Based on printing technology, the Asia-Pacific shrink sleeve label market has been segmented into gravure, flexography, digital, and others. The digital segment is expected to grow at 7.33% during the forecast period. In 2020, the gravure segment held a 42.41% share of the Asia-Pacific shrink sleeve label market.

Based on material, the Asia-Pacific shrink sleeve label market has been segmented into PVC, PET G, PE, PLA, EPS, and others. The PLA segment is expected to grow at 7.91% during the forecast period. In 2020, the PVC segment held a 33.08% share of the Asia-Pacific shrink sleeve label market.

Based on application, the Asia-Pacific shrink sleeve label market has been segmented into food & beverages, personal care, pharmaceutical, homecare, and others. The personal care segment is expected to grow at 5.89% during the forecast period. In 2020, the food & beverages segment held a 35.35% share of the Asia-Pacific shrink sleeve label market.

Major Players

Berry Plastics Group Inc., The DOW Chemical Company, Avery Dennison Corporation, Huhtamaki OYJ, Fuji Seal International Inc., CCL Industries, and Klockner Pentaplast are some of the other key players operating in the Asia Shrink Sleeve Labels market.

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Companies Mentioned

Berry Plastics Group Inc.
The DOW Chemical Company
Avery Dennison Corporation
Huhtamaki OYJ
Fuji Seal International Inc.
CCL Industries
and Klockner Pentaplast

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1 Executive Summary
1.1.1 Asia-pacific Shrink Sleeve Label Market, By Type
1.1.2 Asia-pacific Shrink Sleeve Label Market, By Printing Technology
1.1.3 Asia-pacific Shrink Sleeve Label Market, By Material
1.1.4 Asia-pacific Shrink Sleeve Label Market, By Application
2 Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.3 Research Objective
2.4 Market Structure
3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
3.6 List Of Assumptions
4 Market Dynamics
4.1 Introduction
4.2 Drivers
4.2.1 Judicious Consumption And Reduced Wastage Of Products
4.2.2 Proliferation Of The Packaging Industry
4.2.3 Drivers Impact Analysis
4.3 Restraint
4.3.1 Government Norms Against Plastic Packaging
4.3.2 Restraint Impact Analysis
4.4 Opportunity
4.4.1 Recycling Challenges With Release Liners
4.5 Covid-19 Impact Analysis
4.5.1 Economic Impact
4.5.1.1 Impact On The Overall Packaging Industry
4.5.2 Impact On North America Shrink Sleeve Labels Market
4.5.2.1 Impact On The Supply Chain
4.5.3 Impact On Market Demand
4.5.4 Impact On Pricing
5 Market Factor Analysis
5.1 Value Chain Analysis
5.1.1 Raw Material Supply
5.1.2 Manufacture & Assembly
5.1.3 Distribution
5.1.4 End Use
5.2 Porter's Five Forces Model
5.2.1 Threat Of New Entrants
5.2.2 Bargaining Power Of Suppliers
5.2.3 Bargaining Power Of Buyers
5.2.4 Threat Of Substitutes
5.2.5 Rivalry
6 Asia-pacific Shrink Sleeve Label Market, By Product Type
6.1 Overview
6.1.1 Stretch
6.1.2 Shrink
7 Asia-pacific Shrink Sleeve Label Market, By Printing Technology
7.1 Overview
7.1.1 Gravure
7.1.2 Flexography
7.1.3 Digital
7.1.4 Others Remaining Technology
8 Asia-pacific Shrink Sleeve Label Market, By Material
8.1 Overview
8.1.1 Pvc
8.1.2 Pet G
8.1.3 Pe
8.1.4 Pla
8.1.5 Eps
9 Asia-pacific Shrink Sleeve Label Market, By Application
9.1 Overview
9.1.1 Food & Beverages
9.1.2 Personal Care
9.1.3 Pharmaceuticals
9.1.4 Home Care
9.1.5 Others (Consumer Electronics Etc)
10 Asia-pacific Shrink Sleeve Label Market, By Country
10.1 Overview
10.1.1 Asia-pacific Shrink Sleeve Label Market, By Region, 2019–2030
10.2 China
10.2.1 China: Shrink Sleeve Label Market, By Product Type, 2019–2030
10.2.2 China Shrink Sleeve Label Market, By Printing Technology Type, 2019–2030
10.2.3 China Shrink Sleeve Label Market, By Material Type, 2019–2030
10.2.4 China Shrink Sleeve Label Market, By Application Type, 2019–2030
10.3 Japan
10.3.1 Japan: Shrink Sleeve Label Market, By Product Type, 2019–2030
10.3.2 Japan Shrink Sleeve Label Market, By Printing Technology Type, 2019–2030
10.3.3 Japan Shrink Sleeve Label Market, By Material Type, 2019–2030
10.3.4 Japan Shrink Sleeve Label Market, By Application Type, 2019–2030
10.4 India
10.4.1 India: Shrink Sleeve Label Market, By Product Type, 2019–2030
10.4.2 India Shrink Sleeve Label Market, By Printing Technology Type, 2019–2030
10.4.3 India Shrink Sleeve Label Market, By Material Type, 2019–2030
10.4.4 India Shrink Sleeve Label Market, By Application Type, 2019–2030
10.5 Australia
10.5.1 Australia: Shrink Sleeve Label Market, By Product Type, 2019–2030
10.5.2 Australia Shrink Sleeve Label Market, By Printing Technology Type, 2019–2030
10.5.3 Australia Shrink Sleeve Label Market, By Material Type, 2019–2030
10.5.4 Australia Shrink Sleeve Label Market, By Application Type, 2019–2030
10.6 New Zealand
10.6.1 New Zealand: Shrink Sleeve Label Market, By Product Type, 2019–2030
10.6.2 New Zealand Shrink Sleeve Label Market, By Printing Technology Type, 2019–2030
10.6.3 New Zealand Shrink Sleeve Label Market, By Material Type, 2019–2030
10.6.4 New Zealand Shrink Sleeve Label Market, By Application Type, 2019–2030
10.7 South Korea
10.7.1 South Korea: Shrink Sleeve Label Market, By Product Type, 2019–2030
10.7.2 South Korea Shrink Sleeve Label Market, By Printing Technology Type, 2019–2030
10.7.3 South Korea Shrink Sleeve Label Market, By Material Type, 2019–2030
10.7.4 South Korea Shrink Sleeve Label Market, By Application Type, 2019–2030
10.8 Southeast Asia
10.8.1 Southeast Asia: Shrink Sleeve Label Market, By Product Type, 2019–2030
10.8.2 Southeast Asia Shrink Sleeve Label Market, By Printing Technology Type, 2019–2030
10.8.3 Southeast Asia Shrink Sleeve Label Market, By Material Type, 2019–2030
10.8.4 Southeast Asia Shrink Sleeve Label Market, By Application Type, 2019–2030
10.9 Rest Of Apac
10.9.1 Rest Of Apac: Shrink Sleeve Label Market, By Product Type, 2019–2030
10.9.2 Rest Of Apac Shrink Sleeve Label Market, By Printing Technology Type, 2019–2030
10.9.3 Rest Of Apac Shrink Sleeve Label Market, By Material Type, 2019–2030
10.9.4 Rest Of Apac Shrink Sleeve Label Market, By Application Type, 2019–2030
11 Competitive Landscape
11.1 Overview
11.2 Competitive Benchmarking
11.3 Market Share Analysis
11.3.1 Asia Shrink Sleeve Labels Market Share Analysis, 2020 (% Share)
11.4 Key Developments In The Asia Shrink Sleeve Labels Market
11.4.1 Product Launch
11.4.2 Collaboration
12 Company Profiles
12.1 Berry Plastics Group Inc.
12.1.1 Company Overview
12.1.2 Financial Overview
12.1.3 Products Offered
12.1.4 Key Developments
12.1.5 Swot Analysis
12.1.6 Key Strategies
12.2 The Dow Chemical Company
12.2.1 Company Overview
12.2.2 Financial Overview
12.2.3 Products Offered
12.2.4 Key Developments
12.2.5 Swot Analysis
12.2.6 Key Strategies
12.3 Avery Dennison Corporation
12.3.1 Company Overview
12.3.2 Financial Overview
12.3.3 Products Offered
12.3.4 Key Developments
12.3.5 Swot Analysis
12.3.6 Key Strategies
12.4 Huhtamaki Oyj
12.4.1 Company Overview
12.4.2 Financial Overview
12.4.3 Products Offered
12.4.4 Key Developments
12.4.5 Swot Analysis
12.4.6 Key Strategies
12.5 Fuji Seal International, Inc.
12.5.1 Company Overview
12.5.2 Financial Overview
12.5.3 Products Offered
12.5.4 Key Developments
12.5.5 Swot Analysis
12.5.6 Key Strategies
12.6 Ccl Industries
12.6.1 Company Overview
12.6.2 Financial Overview
12.6.3 Products Offered
12.6.4 Key Developments
12.6.5 Swot Analysis
12.6.6 Key Strategies
12.7 Klockner Pentaplast
12.7.1 Company Overview
12.7.2 Financial Overview
12.7.3 Products Offered
12.7.4 Key Developments
12.7.5 Swot Analysis
12.7.6 Key Strategies
List Of Tables
Table 1 List Of Assumptions
Table 2 Asia-pacific Shrink Sleeve Label Market, By Product Type, 2019–2030 (Usd Million)
Table 3 Asia-pacific Shrink Sleeve Label Market, By Printing Technology Type, 2019–2030 (Usd Million)
Table 4 Asia-pacific Shrink Sleeve Label Market, By Material Type, 2019–2030 (Usd Million)
Table 5 Asia-pacific Shrink Sleeve Label Market, By Application Type, 2019–2030 (Usd Million)
Table 6 Asia-pacific Shrink Sleeve Label Market, By Region, 2019–2030 (Usd Million)
Table 7 China: Shrink Sleeve Label Market, By Product Type, 2019–2030 (Usd Million)
Table 8 China: Shrink Sleeve Label Market, By Printing Technology Type, 2019–2030 (Usd Million)
Table 9 China: Shrink Sleeve Label Market, By Material Type, 2019–2030 (Usd Million)
Table 10 China: Shrink Sleeve Label Market, By Application Type, 2019–2030 (Usd Million)
Table 11 Japan: Shrink Sleeve Label Market, By Product Type, 2019–2030 (Usd Million)
Table 12 Japan: Shrink Sleeve Label Market, By Printing Technology Type, 2019–2030 (Usd Million)
Table 13 Japan: Shrink Sleeve Label Market, By Material Type, 2019–2030 (Usd Million)
Table 14 Japan: Shrink Sleeve Label Market, By Application Type, 2019–2030 (Usd Million)
Table 15 India: Shrink Sleeve Label Market, By Product Type, 2019–2030 (Usd Million)
Table 16 India: Shrink Sleeve Label Market, By Printing Technology Type, 2019–2030 (Usd Million)
Table 17 India: Shrink Sleeve Label Market, By Material Type, 2019–2030 (Usd Million)
Table 18 India: Shrink Sleeve Label Market, By Application Type, 2019–2030 (Usd Million)
Table 19 Australia: Shrink Sleeve Label Market, By Product Type, 2019–2030 (Usd Million)
Table 20 Australia: Shrink Sleeve Label Market, By Printing Technology Type, 2019–2030 (Usd Million)
Table 21 Australia: Shrink Sleeve Label Market, By Material Type, 2019–2030 (Usd Million)
Table 22 Australia: Shrink Sleeve Label Market, By Application Type, 2019–2030 (Usd Million)
Table 23 New Zealand: Shrink Sleeve Label Market, By Product Type, 2019–2030 (Usd Million)
Table 24 New Zealand: Shrink Sleeve Label Market, By Printing Technology Type, 2019–2030 (Usd Million)
Table 25 New Zealand: Shrink Sleeve Label Market, By Material Type, 2019–2030 (Usd Million)
Table 26 New Zealand: Shrink Sleeve Label Market, By Application Type, 2019–2030 (Usd Million)
Table 27 South Korea: Shrink Sleeve Label Market, By Product Type, 2019–2030 (Usd Million)
Table 28 South Korea: Shrink Sleeve Label Market, By Printing Technology Type, 2019–2030 (Usd Million)
Table 29 South Korea: Shrink Sleeve Label Market, By Material Type, 2019–2030 (Usd Million)
Table 30 South Korea: Shrink Sleeve Label Market, By Application Type, 2019–2030 (Usd Million)
Table 31 Southeast Asia: Shrink Sleeve Label Market, By Product Type, 2019–2030 (Usd Million)
Table 32 Southeast Asia: Shrink Sleeve Label Market, By Printing Technology Type, 2019–2030 (Usd Million)
Table 33 Southeast Asia: Shrink Sleeve Label Market, By Material Type, 2019–2030 (Usd Million)
Table 34 Southeast Asia: Shrink Sleeve Label Market, By Application Type, 2019–2030 (Usd Million)
Table 35 Rest Of Apac: Shrink Sleeve Label Market, By Product Type, 2019–2030 (Usd Million)
Table 36 Rest Of Apac: Shrink Sleeve Label Market, By Printing Technology Type, 2019–2030 (Usd Million)
Table 37 Rest Of Apac: Shrink Sleeve Label Market, By Material Type, 2019–2030 (Usd Million)
Table 38 Rest Of Apac: Shrink Sleeve Label Market, By Application Type, 2019–2030 (Usd Million)
Table 39 Product/Production Launch
Table 40 Collaboration/Expansion/Partnership
Table 41 Berry Plastics Group Inc.: Products Offered
Table 42 The Dow Chemical Company: Products Offered
Table 43 The Dow Chemical Company: Key Developments
Table 44 Avery Dennison Corporation: Products Offered
Table 45 Huhtamaki Oyj: Products Offered
Table 46 Huhtamaki Oyj: Key Developments
Table 47 Fuji Seal International, Inc.: Products Offered
Table 48 Ccl Industries: Products Offered
Table 49 Ccl Industries: Key Developments
Table 50 Klockner Pentaplast: Products Offered
Table 51 Klockner Pentaplast: Key Developments
List Of Figures
Figure 1 Market Synopsis
Figure 2 Asia-pacific Shrink Sleeve Label Market Analysis, By Type
Figure 3 Asia-pacific Shrink Sleeve Label Market Analysis, By Printing Technology
Figure 4 Asia-pacific Shrink Sleeve Label Market Analysis, By Material
Figure 5 Asia-pacific Shrink Sleeve Label Market Analysis, By Application
Figure 6 Asia-pacific Shrink Sleeve Label Market: Structure
Figure 7 Research Process
Figure 8 Top-down & Bottom-up Approaches
Figure 9 Market Dynamics Analysis Of Asia Shrink Sleeve Labels Market
Figure 10 Drivers Impact Analysis: Asia Shrink Sleeve Labels Market
Figure 11 Restraint Impact Analysis: Asia Shrink Sleeve Labels Market
Figure 12 Value Chain: Asia Shrink Sleeves Labels Market
Figure 13 Porter's Five Forces Analysis: Asia Shrink Sleeves Labels Market
Figure 14 Asia-pacific Shrink Sleeve Label Market, By Product Type, 2020 (% Share)
Figure 15 Asia-pacific Shrink Sleeve Label Market, By Product Type, 2019–2030 (Usd Million)
Figure 16 Asia-pacific Shrink Sleeve Label Market, By Printing Technology, 2020 (% Share)
Figure 17 Asia-pacific Shrink Sleeve Label Market, By Printing Technology, 2019–2030 (Usd Million)
Figure 18 Asia-pacific Shrink Sleeve Label Market, By Material, 2020 (% Share)
Figure 19 Asia-pacific Shrink Sleeve Label Market, By Material Type, 2019–2030 (Usd Million)
Figure 20 Asia-pacific Shrink Sleeve Label Market, By Application, 2020 (% Share)
Figure 21 Asia-pacific Shrink Sleeve Label Market, By Application, 2019–2030 (Usd Million)
Figure 22 Asia-pacific Shrink Sleeve Label Market, By Country, 2020 (% Share)
Figure 23 Benchmarking Of Major Competitors
Figure 24 Berry Plastics Group Inc.: Swot Analysis
Figure 25 The Dow Chemical Company: Financial Overview Snapshot
Figure 26 The Dow Chemical Company: Swot Analysis
Figure 27 Avery Dennison Corporation: Financial Overview Snapshot
Figure 28 Avery Dennison Corporation: Swot Analysis
Figure 29 Huhtamaki Oyj: Financial Overview Snapshot
Figure 30 Huhtamaki Oyj: Swot Analysis
Figure 31 Fuji Seal International, Inc.: Financial Overview Snapshot
Figure 32 Fuji Seal International, Inc.: Swot Analysis
Figure 33 Ccl Industries: Financial Overview Snapshot
Figure 34 Ccl Industries: Swot Analysis
Figure 35 Klockner Pentaplast: Swot Analysis

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